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$350,000

1632 Summer City Dr, Houston, TX, 77047

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,422 Sq Ft
price_per_sqft$144.51 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Washer Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet

Exterior

Lot Size4,630 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1370250010016
Lot Number16
Land UseResidential
Legal DescriptionLT 16 BLK 1 CITY PARK SOUTH SEC 1
Census Tract330901
Assessed Land Value$45,602
Assessed Improvement Value$272,398
Assessment Year2025

About this property

Immaculate CHESMAR HOME built. 4BR Brick Home – Minutes from Medical Center. Exceptional 4-bed, 3.5-bath brick home offering the ultimate low-maintenance lifestyle! Features a stunning family room with soaring ceilings and a gourmet island kitchen with granite countertops and stainless steel appliances. Enjoy a private first-floor primary suite with a walk-in closet, plus 3 bedrooms, 2 full baths, and a game room upstairs. Relax on the covered front porch or the backyard covered patio. HOA completely covers front yard maintenance! Nestled in a community with walking trails and rapid access to Beltway 8, Hwy 288, and the Texas Medical Center. Schedule your tour today!

Investor Tools

$162,074Estimated Mortgage Balance
$159,043Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Lanre Bolatiwa

REALM Real Estate Professionals - West Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,639
$318,000
2025
$45,602
$272,398
$318,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,639
$318,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$190,884
No
First
Nov 26, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,074
$167,926
50%
51%
$1,145/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,410/mo
+$1,180/mo
9.7%

City: Houston

1632 Summer City Dr | Property Details | No Agent List